Type
Reshoring
Country
Finland
Reshoring from
Denmark
Reshored business function
Production
Region
Location of affected unit(s)
Vantaa
Sector
Manufacturing
Manufacture Of Chemicals And Pharamceuticals
Manufacture Of Chemicals And Chemical Products
20.3 - Manufacture Of Paints, Varnishes And Similar Coatings, Printing Ink And Mastics

No information on job gains number available
Announcement Date
3 October 2018
Employment effect (start)
1 January 2019
Foreseen end date
1 December 2019

Description

TIkkurilla is a Finnish company producing coatings and printing in different facilities located in 8 countries. In 2018, the company decided to implement an efficiency program and optimize the production network to enhance the company profitability. Within this efficiency project, the company decided to relocate the production of energy-efficient roof coating from a small production unit in Denmark to Finland. The relocation will determine the closure of the Danish unit, and the lost of around 20 job positions.   


Sources

Citation

Eurofound (2018), Tikkurila, Reshoring in Finland, factsheet number 8, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/8.